How to Get a POS Machine in India

There is a point of sale (POS) for every sale. A POS can be a mall, a market, or even a whole city. Shoppers use the term “POS” to describe any place where customers can make purchases, such as the checkout counter. It’s also called a point of sale or a cash register.

There are several types of point-of-sale (POS) machines in India, such as physical, mobile, and virtual POS machines.

Physical POS

The following conditions must be met to begin service with the Physical POS:

• Card or biometric reader on a handheld device;
• Access to the Internet with a merchant bank account Mobile/Landline GPRS.

To activate the Physical POS for service, the following items are needed:

• Paperwork with the bank to deposit a specific sum into a merchant bank a/c;
• Inquire about the device;
• Operational setup, as well as operator training.

To perform a transaction, what is needed?

• Biometric authentication can be used by any Card Resident (AEPS). It’s called “Assisted Mode.”

Mobile POS

The Mobile POS is seen as the Best POS Machine in India. The following conditions must be met before the Mobile POS service may be activated:

• The bank’s smartphone app;
• Incorporating or using an external card or biometric reader;
• 2G/3G/4G, 3G, and 2D barcodes can be read with a reader that connects by a jack or Bluetooth.

Mobile POS service activation requires the following:

• The app for merchant bank a/c is available for download;
• Obtain a merchant bank account and bank account number for the device or mobile;
• May necessitate training or instructions that can be read.

What’s needed to make transactions with the Mobile POS:

• The biometric auth (AEPS) for registered devices can be used by anyone who has a registered card in their possession;
• QR code and bar code scanner for wallet accounts;
• Autonomous method of operation or assistance.

Virtual POS

Following are the requirements for the Virtual PoS service to be activated:

• Internet access via a smartphone or a web browser E-payment gateway for 2G, 3G, 4G, Wi-Fi, and landlines;
• Transactions on a virtual account;
• May require a QR code.

Activating the virtual POS service requires:

• Some merchant account with a merchant bank;
• Pull transactions with a QR code;
• It’s possible that delivering services will necessitate the capacity to identify or authenticate the user.

What’s needed to get transactions done with the Virtual POS:

• Scan QR and bar codes with any card wallet account scanner.

How to Apply for a POS Machine in India?

People are being encouraged to use debit and credit cards in India despite the country’s status as one of the fastest-growing economies in the world. Notable shopkeepers were concerned about the lack of POS machines at stores for processing payments. As their sales began to decline, these shopkeepers even applied for POS terminals from banks.

A merchant bank account is required to use the POS machine in India. The absence of one does not warrant panic. There are State Bank of India branches across the country where you can open a merchant service account.

India’s POS machine application process can be summarised as follows:

• Visit SBI’s merchant account page to apply for a POS machine.
• You’ll see a “Apply Now” button when you enter their merchant account page.
• Once you’ve clicked the “Apply Now” button, you’ll be sent to a new page where you’ll need to enter some information about your business.
• A thorough check is necessary once you finish filling out the information if you made a mistake. Finally, you’re ready to hand the form along to the bank worker.

Final Thoughts

POS machines have made payments easy and convenient for business owners. With the above, we believe you’re clear on everything you need to know about getting a POS machine for your business.